https://www.taxtmi.com/caselaws?id=206717 The Court upheld the Assessing Officer's action under sections 147/148, finding it reasonable based on seized documents showing undisclosed payments. It emphasized that section 158BD is analogous to section 147. The Tribunal's failure to discuss the merits of the addition led to the matter being remanded for expedited resolution within three months. The substantial questions of law were answered in favor of the revenue department, and the appeal was disposed of accordingly. en-us Fri, 30 Sep 2011 00:00:00 +0530 Mon, 25 Apr 2016 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206717 The Court upheld the Assessing Officer's action under sections 147/148, finding it reasonable based on seized documents showing undisclosed payments. It emphasized that section 158BD is analogous to section 147. The Tribunal's failure to discuss the merits of the addition led to the matter being remanded for expedited resolution within three months. The substantial questions of law were answered in favor of the revenue department, and the appeal was disposed of accordingly. Case-Laws Income Tax Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206717